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1171 21ST ST DES MOINES, IA 50311
- Commercial / Resale (MLS)
Property Details for 1171 21ST ST, DES MOINES, IA 50311
Features
- Price/sqft: $86
- Lot Size: 0.149 acres
- Total Units: 2
- Total Rooms: 7
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2
- Stories: 2
- Roof Type: GABLE
- Heating: 4
- Exterior Walls: Metal
Facts
- Year Built: 01/01/1909
- Property ID: 912078268
- MLS Number: 701676
- Parcel Number: 030/05119-000-000
- Property Type: Commercial
- County: Polk
- Legal Description: LOT 8 T M WALKERS ELM GROVE ADD
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Great investment opportunity! Charming, cash flowing, well-maintained duplex hosts one unit (2br, 1 bonus room, 1ba) on the main floor, a cute front porch plus the yard. Unit 2 (4br 1ba) occupies the second & third floors of the house. Property has active rental certificate & priced at a 9.7% cap, split meters so tenants pay all utilities. Appraised at $265, 000 in April (Rally Appraisal), with partial roof replacement, gutter replacements, & several other improvements following. Concrete slab off of the alley has potential to build a garage or function as patio space. Walking distance to Black Cat Ice Cream, Dogtown area, Drake University, Varsity Cinema Drake Park & Good Park. Quick access to downtown, East Village & i235, multiple grocery store options. Continue operating fully as a rental, become owner occupied in one unit, or convert to 6br 2ba single family. Seller offering $500 credit towards improvement of the buyers choice. 24 hours notice required for showing of both units - please contact seller's agent! 10 Year tax abatement filed 8/24. Listing agent has ownership interest in the property *See MLS attachments for list of property updates & further property information.*
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Property Brokerage:
Keller Williams Greater Des Moines
4001 Westown Parkway
West Des Moines
IA
50266
Copyright © 2024 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.